Joseph Kinyua
Joseph Kinyua
bite challenge issue major nobody poses ready seems
The issue poses a major challenge as nobody seems ready to bite the bullet.
conflict ensure fairness interest since
This will ensure fairness since the two envisaged regulators have no conflict of interest in the industry.
bill free policy reduce resources wage
The Government?s policy is to reduce the wage bill to free resources for development purposes.
bank central concerned create difficult holding prove regular tendencies
We (at Treasury) and the Central Bank are concerned about the strengthening shilling and are holding regular meeting, but an intervention would create speculative tendencies that may prove even more difficult to contain.
asset base challenge coverage further hence increase industry level players strengthen
The challenge is on the RBA and other players in the industry to increase the level of coverage and hence further strengthen the asset base of the industry.